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Abuja's housing problems amidst ocean of empty houses

The accommodation problem faced by low and medium income earners in Abuja is a matter of serious concern to all well-meaning Nigerians. Ironically, while large numbers of exotic housing estates adorn the city, Abuja-based workers source for accommodation outside the city. Read More

$28bn middle-class purchasing power buoys real estate sector

The Nigerian real estate sector has in the past five years witnessed an annual average growth rate of 16.10 per- cent buoyed by phenomenal growth of the middle-class, which represents 23 per- cent (about 4m) of the coun- try’s 170 million population, whose estimated purchasing power is valued at $28 billion. Read More    

Lekki Circle Mall to be delivered by Decemeber - Developer

THE retail sector of the real estate industry in Nigeria is set to receive a boost, as an investor, RMB Westport, has concluded plans to unveil a new mall along Lekki corridor in Lagos State, December 2015. Christened, Lekki Circle Mall is coming after a successful completion of the popular Ikeja City Mall, also owned by the same investor. Read More

Affordability factor, demand slide spur investment interest in rent-to-own housing

Slow activities in the economy, inability of many home seekers to buy or build their own homes and the attendant drop in demand for housing are major factors driving current investment interest in rent-to-own housing development and delivery, housing market close watchers have said. Read More

Legal proceedings after board suspends head of FHA Mortgage Bank

The Board of Directors of the Federal Housing Authority Mortgage Bank has appointed an independent firm to audit the bank’s books. It has also suspended the Managing Director, Mr. Roland Igbinoba, pending the outcome of the auditRead More

New Development Focus - Mikasa Estate

Mikasa Estate or Residences is the newest residential development to emerge in the highly acclaimed Abuja housing market. Designed as a low density residential development, Mikasa Estate offers future residents a unique and thrilling living experience with all the on-site facilities and amenties to be provided in the estate. Read More 

Spotlight on Lagos Housing Development - Eko Atlantic City

You can now download our latest Spotlight series report which takes a special focus on the Eko Atlantic City project. Click Here

Propertymart Offers a Unique Investment Opportunity With Fairmont Homes

Propertymart is offering a minimum guaranteed 25% ROI to prospective subscribers on its new scheme Fairmont Homes. To find out more  Click Here

RAC Featured New Developments  

•  Alcove Homes

•   Illiniois Court

• undefined   Peace Court

•   Praiseville Gardens Estate

•    Royal Estate

To see more of the residential developments we are currently promoting please Click Here

RAC Research Reports

You can download our past research reports from our reports page, please Click Here

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